RDP 9105: Inflation in Australia: Causes, Inertia and Policy Equation (3)

p t = δ 1 y t + δ 2 w t δ 3 z t . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeiCamaaBa aaleaacaqG0baabeaakiabg2da9iabes7aKnaaBaaaleaacaaIXaaa beaakiaabMhadaWgaaWcbaGaaeiDaaqabaGccqGHRaWkcqaH0oazda WgaaWcbaGaaGOmaaqabaGccaqG3bWaaSbaaSqaaiaabshaaeqaaOGa eyOeI0IaeqiTdq2aaSbaaSqaaiaaiodaaeqaaOGaaeOEamaaBaaale aacaqG0baabeaakiaac6caaaa@49DC@